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The Price of Democracy

Democracy, while it can be beneficial, may also be complicating and difficult to balance when associated with the economy. This paper will discuss the relationship between the health of a democracy and the economic prosperity. Also covered in this paper will be the distribution of the wealth in a democracy and the justice of it. And finally, how to appropriately balance the wealth in a democracy.In the world nowadays, the health of a democracy seems to be directly related to the economic prosperity. The reason behind this is the more wealth there is in the economy, the more likely it is that the people of that particular nation will be more satisfied with there government, thus the healthy democracy. The better off the democracy is obviously the people will most likely be better off as well just adding further to the wealth of the economy. And equally the prosperity of the economy affects the way that the people feel about their government again bettering the relationship between the two.If wealth is an essential requirement of democracy, an unequal distribution of wealth imperils the democratic process. The way that this works is when there is too much wealth, the poor feel unsatisfied with their government because they are so impoverished while others are extremely wealthy, therefore they feel that they do not have a say in their government which is supposedly “led by the people” including the poor. When this happens the wealthy end up basically having more power because of their social class and therefore has more control in the government, which then ends up being unfair.Finally, uncontrolled wealth has in the past and still today promotes injustice, while controlled wealth has limited freedom. A proper balance perhaps might be to establish a limit in the maximum amount of money an individual may have. Although this may put a little bit of a limit on that individuals freedom, the government obviously couldn’...

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